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Senior Trader
US MARKET CLOSED
S&P and Nasdaq biggest decline in 2 months on earnings and taper
Wall Street closed near to lows on Monday as investors are stressed about the earnings season that starts this week and further taper talks after last Friday better than expected unemployment rate report.
The Dow Jones closed down for fourth day, its longest losing streak in 5 weeks. The S&P and the Nasdaq suffered its biggest drop in nearly 2 months.
The DJIA declined 179.11 points or 1.09% to close the day at 16,257.94; the S&P 500 lost 23.17 pts or 1.26% to finish at 1,819.20: and the Nasdaq Composite eased 61.36 pts or 1.47% to 4,113.30.
Dow down 1.09%, S&P down 1.26% and Nasdaq lower by 1.47%.
Sentiment looks likely to carry over to the Asian markets, Nikkei futures down 0.82%, local ASX/200 down 0.80% and the Heng Seng down 0.01%
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Senior Trader
US MARKET CLOSED
The US stocks market closed mostly higher on Tuesday but Coca Cola Company dragged the DJIA as the drinks' giant reported weaker than expected 4Q earnings. The S&P 500 is near to breakeven after advancing in the last 8 sessions.
US economic data posted ugly numbers on Tuesday as the NAHB Housing Market Index declined the most in a single month to 46 in February from 56 in January and the NY Empire State Manufacturing Index fell to 4.48 pts from 12.51 in January; however investors digested it as numbers impacted by the weather.
The Dow Jones declined 23.99 points or 0.15% to finish the session at 16,130.40; the S&P 500 advanced 2.13 points or 0.12% to end the day at 1,840.76; and the Nasdaq climbed 28.76 points or 0.68% to 4,272.78.
US EQUITIES
Dow down 0.15%, S&P up 0.12% and Nasdaq up 0.68%
Asian bourses are looking mixed too, Nikkei futures down 0.20%, Hang Seng down 0.07%, Kospi up 0.04% and the local ASX/200 up 0.10%.
Looking like a slow day in store for Asian markets .
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Senior Trader
US MARKET CLOSED
US stocks market closed lower in a volatile session on Wednesday as investors reacted with doubts following a hawkish FOMC minutes.
The minutes showed that the Fed has a consensus that the taper should continue in the next meetings. The Nasdaq closed down for first time in 9 sessions.
The Dow Jones declined 89.84 points or 0.56% to finish the session at 16,040.56; The S&P 500 eased 12.01 points or 0.65% to end the day at 1,828.75; the Nasdaq Composite lost 34.83 points or 0.82% to 4,237.95.
US EQUITIES
Dow down 0.56%, S&P down 0.65% and Nasdaq -0.82%
Nikkei futures -0.41%, Heng Seng -0.18%, Kospi -0.70% and the local ASX/200 down 0.31%.
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Senior Trader
US stocks posted solid gains amid eco-data
Wall Street closed Thursday with gains as investors digested a mix set of economic data but stronger than expected PMI manufacturing number in February.
Inflation remained below 2% Fed target after showing a 1.6% YoY figures in January; jobless claims came 336K, nearly expectations of 335K; the CB leading indicator advanced 0.3% in January and despite it was below 0.4% expected it meant to be a rise from the two month unchanged index.
Philadelphia Fed Manufacturing index declined to -6.3 from 9.4, well bellow expectations of 8.0. However the market got life with an upbeat PMI manufacturing index which posted an advance to 56.7 in February from 53.7 in the previous month and specially it was against market consensus of a decline for this data.
The Dow Jones recovered yesterday loses and after advancing 92.67 points or 0.58% the DJIA closed at 16,133.23; the S&P 500 finished the day at 1,839.78 following a win of 11.03 points.
The Nasdaq added 29.59 points or 0.70% to end the day at 4,267.54.
US equities all close higher
Dow +0.58%, S&P +0.60% and Nasdaq +0.70%
Asian bourses are looking mixed, Kospi down 0.36%, Hang Seng flat, Nikkei +0.83% and the local ASX/200 +0.83%
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Senior Trader
Wall Street closes with solid gains; S&P 500 touched record high
US stocks market wrapped up the Monday's with gains as shares rallied but cut gains late in the day. Investors' confidence was fueled by Ukraine’s developments, G20 message and short coverings.
The S&P 500 hit record high but it retraces at the late session. The Nasdaq Composite is in pace for its biggest monthly gain since October; while the Dow is in pace for best month since November.
The Dow Jones advanced 105.96 points or 0.66% to finish the day at 16,209.26; the S&P 500 added 11.46 points or 0.62% to 1,847.71; and the Nasdaq climbed 29.56 points or 0.69% to finish the day at 4,292.97.
US Equities Closed Higher
Dow +0.65%, S&P +0.62% and Nasdaq closed up 0.69%
Asian bourses looking set to follow suit, Nikkei futures +1.08%, Hang Seng 0.19% and the local ASX/200 +0.6%.
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Senior Trader
Wall Street closed in red a volatile Tuesday session
The US stocks market declined on Tuesday as investors digested a set of bad economic data in the United States. The S&P remains below the 1,850 key level.
US consumer confidence posted a decline in February while the Richmond Fed Manufacturing Index dropped to -6, lowest level since July 2013. On the other side, S&P/Case-Shiller Home Prices rose 13.4% YoY in December.
The Dow Jones declined 27.48 points or 0.17% to finish at 16,179.66; the S&P 500 eased 2.49 points or 0.13% to end the day at 1,845.12; while the Nasdaq Composite fell 5.38 points or 0.13% to 4,287.59.
US equities end the session slightly lower
Dow down 0.17%, S&P down 0.14% and the Nasdaq down 0.13%.
Asian equities looking to follow in similar fashion, Nikkei futures down 0.53%, Hang Seng down 0.26% and the local ASX/200 down 0.2%
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Senior Trader
Wall Street closes with gains amid US housing data
The US stocks market closed Wednesday with gains amid upbeat housing data in January in the United States and positive earnings reports.
However, market gave up earlier gains and closed off of highs. The Russell 200 hit record high while the Nasdaq Composite touched 13-year highs briefly.
The Dow Jones advanced 18.75 points or 0.12% to finish at 16,198.41; the S&P 500 added 0.04 points to 1,845.16; and the Nasdaq jumped 4.48 points or 0.10% to close the session at 4,292.06.
US equities close higher
US equities managed to hold onto gains in a choppy session, Dow +0.12%, S&P +0.01% and Nasdaq +0.10%.
Asian bourses are looking mixed, Nikkei futures down 0.07%, Hang Seng down 0.40%, Kospi up 0.37% and the local ASX/200 down 0.30%.
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Senior Trader
Wall Street rallies amid Yellen words; S&P finally takes over the 1,850 level
The US stocks market closed Thursday with gains as investors digested positively the Janet Yellen words on Fed's taper process.
The good atmosphere fueled the S&P 500 to finally achieve a close above the 1,850 level after attempting several days.
The Dow Jones advanced 74.30 points or 0.46% to finish at 16,272.71; the S&P 500 added 9.13 points or 0.49% to close the day at record high 1,854.29; the Nasdaq Composite jumped 26.87 points or 0.63% to 4,318.93.
US equities all close higher
Dow +0.46%, S&P +0.50% ( a new record closing price of 1,854.3), Nasdaq up 0.63%
Asian bourses are set to open mixed, Nikkei futures down 0.74%, Hang Seng down 0.37%, Kospi up 0.17% and the local ASX/200 up 0.30%
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Senior Trader
Wall Street closes negative amid fears of war in Ukraine
The US stocks market had its worst day in a month as the sentiment was hit by the crisis in Ukraine. The Dow posted triple-digit lost.
Investors didn't pay attention to economic data that surprise to the upside as drums for war are sounding in Ukraine with the Russian invasion of Crimea and the EU and UE rejection of the action.
The Dow Jones declined 153.68 points or 0.94% to finish at 16,168.03; the S&P 500 eased 13.72 points or 0.74% to end the day at 1,845.73; the Nasdaq composite declines for second day after losing 30.82 points or 0.72% to close at 4,277.30.
US equities all close lower
Ukraine tensions continue to hit stocks, Dow down 0.95%, S&P -0.74% and Nasdaq -0.72%
Asian bourses look set to follow suit, Nikkei futures down 1.10%, Hang Seng down 0.18% and the local ASX/200 down 0.42%.
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Senior Trader
In a choppy day, the US stocks market finished the session with gains on the Nasdaq but losses in the Dow and S&P 500 indexes.
Overall stocks were extending Tuesday big rally but not huge bets were taken as investors remain cautious ahead of BoE and ECB central banks decisions.
The Beige Book was a non event as the Fed informed that the United States suffered severe weather conditions in February that slowed down the pace in retail sales and hiring; however, the US remains in a growth situation.
The Dow Jones declined 35.70 points or 0.22% to finish the day at 16,360.18; the S&P 500 eased 0.10 points to close at 1,873.81; and the Nasdaq advanced 6 points or 0.14% to 4,357.97.
US Equities Closed Flat
Dow -0.22%, S&P -0.01% and Nasdaq +0.14%
Asian bourses are set for a mixed opening, Nikkei futures +0.20%, Kospi +0.49%, Hang Seng -0.30% and the local ASX/200 -0.20%
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